Daily LInks
1. Retailers to tackle sustainability at key conference: Executives from companies including Chinese fast-fashion retailer Shein, Spain’s Mango, and Ireland’s Primark are among those attending the World Retail Congress, one of the industry’s biggest annual conferences. – Read More on Reuters
2. French Luxury Giant LVMH Touches $500 Billion in Value: Europe’s most valuable company, Paris-based LVMH Moët Hennessy Louis Vuitton, is poised to join a very exclusive club. Its shares reached a new record high Monday, briefly lifting its intraday market value above $500 billion at current exchange rates. – Read More on the WSJ
3. RELATED READ: LVMH: A Timeline Behind the Building of the World’s Most Valuable Luxury Goods Conglomerate. Arnault has spent billions (and billions) of dollars and worked doggedly to amass no less than 70 luxury brands under the umbrella of the group that is now coined LVMH Moet Hennessey Louis Vuitton. – Read More on TFL
4. How A.I.-powered robots are changing retail: “Retailers are spending a lot of money to know what’s coming into their stores through their inventory systems and through their point of sale systems.” – Read More on CNBC
5. US Supreme Court rejects computer scientist’s lawsuit over AI-generated inventions: The U.S. Supreme Court on Monday declined to hear a challenge by computer scientist Stephen Thaler to the U.S. Patent and Trademark Office’s refusal to issue patents for inventions his artificial intelligence system created. – Read More on Yahoo
6. Apple Largely Prevails in Appeal of Epic Games’ App Store Suit: The U.S. Court of Appeals for the Ninth Circuit held that Apple’s tight control of its App Store did not violate federal antitrust law. Some app developers have said the multibillion-dollar business’s strict policies stifle competition and eat into their profits. – Read More on the New York Times
